Documents & Reports

Growth increased to 4 percent in 2015 as a whole, reflecting stronger private and public consumption. Stronger growth led to a rise in employment creation but the unemployment rate was little changed. Financial inflows somewhat recovered after November...
See More +Growth increased to 4 percent in 2015 as a whole, reflecting stronger private and public consumption. Stronger growth led to a rise in employment creation but the unemployment rate was little changed. Financial inflows somewhat recovered after November, but the central bank’s reserved have declined in the last three months through February 2016. Inflation excluding volatile food and fuel prices is still high, but the outlook for the next few months is more promising. The external challenges will constrain export growth at a very low rate in 2016. The minimum wage increase will boost private consumption and keep it as the main driver of growth in 2016.
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